Polyplex Corporation: Mr. Ranjit Singh Ceases as Independent Director After Completion of Second Term

Polyplex Corporation Limited has informed the stock exchanges that Mr. Ranjit Singh (DIN: 01651357) has ceased to be an Independent Director of the company with effect from May 11, 2026. The cessation follows the completion of his second term of five years as an Independent Director. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Director Cessation Details

The company filed the requisite disclosure with both BSE Limited and the National Stock Exchange of India Limited on May 12, 2026. The intimation was also made in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The following table summarises the key details of the change as furnished in the regulatory disclosure:

Parameter:	Details
Director Name:	Mr. Ranjit Singh
DIN:	01651357
Reason for Change:	Cessation upon completion of second term of five years as Independent Director
Effective Date:	May 11, 2026
Brief Profile (Appointment):	Not Applicable
Disclosure of Relationships:	Not Applicable

Regulatory Compliance

The disclosure was submitted by Ashok Kumar Gurnani, Company Secretary of Polyplex Corporation Limited, and was digitally signed on May 12, 2026. A copy of the disclosure has also been posted on the company's official website at www.polyplex.com , in line with applicable regulatory requirements. The filing confirms that the cessation was a routine conclusion of a statutory term and was not due to resignation, removal, or any other cause.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.69%	-2.63%	+4.19%	-3.55%	-26.59%	-19.51%

Polyplex Corporation has announced the appointment of Mr. Rakesh Bhartia (DIN: 00877865) as a Non-Executive Independent Director (Additional) of the Company, effective May 12, 2026. The decision was taken at the Board of Directors meeting held on May 08, 2026, which commenced at 1800 hours (IST) and concluded at 1825 hours (IST). The appointment was made on the recommendations of the Nomination and Remuneration Committee and is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The following table summarises the key details of Mr. Rakesh Bhartia's appointment as disclosed by the Company:

Parameter:	Details
Name:	Mr. Rakesh Bhartia
DIN:	00877865
Designation:	Non-Executive Independent Director (Additional)
Effective Date:	May 12, 2026
Term:	Five consecutive years
Reason:	Appointment as an Independent Director
Relationship with Directors/KMP:	Not related to any director or KMP of the Company

Profile and Qualifications

Mr. Bhartia brings a multi-disciplinary professional background to the Board. He is a Chartered Accountant, Company Secretary, and Cost Accountant by qualification, and has been associated with multiple companies across diverse industries in various capacities. Mr. Bhartia has confirmed that he is not debarred from holding the office of a director pursuant to any order passed by SEBI or any such authority.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The relevant details as required under the said regulation have been furnished in the annexure accompanying the intimation. A copy of this disclosure has also been posted on the Company's website at www.polyplex.com .